Duni AB (publ) (DUNI) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello and welcome to the Deluny Group Q1 Interim Report 2026. There will be a question and answer session at the end of the presentations. Questions will be taken by phone only. I will now hand over to Robert Dakishkov, President and CEO. Please begin your meeting. Thank you. Yes, hi and welcome to the Interim Report for Q1 2026. And the headline for this quarter is Stabilized Development in a Challenging Market. And if you look a little bit on the agenda here during the presentation, a little bit highlights in the beginning, and then some market outlook and market insights. And then we have the Q1 summary, and then we're moving into more details within the two business areas. And then at the end, financials and our long-term targets at the end. And then a summary, and then we'll go to Q&A via telephone. All right, so if we move into the highlights, the quarter came in, the net sales is broadly in line with last year, if you look at the same currency as last year. And that is, of course, it's been a quite challenging and volatile market environment here lately as well, as we know. And if we look at the organic sales trend, that improved quarter-on-quarter. Come back to that, but it was minus seven last quarter, and now it's improved, even if it's a little bit negative still. There is a price-focused demand continuing in the market, so with the mix rather than volumes being the main challenge for us in the restaurant market. And then positive in the quarter was food packaging solutions, quarter more balanced performance this quarter. And coming back to that as well. So if we look a little bit on the market, of course, the market remains subdued across the Horeca sector, especially if we look at Germany, as we looked at the data from Germany on the top there. And then,...